501 ON 1ST, LLC (MN) - 2020 PPP Loan Borrower Profile (# 5198757004)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 501 ON 1ST, LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Minnesota.

Loan Detail

Loan Number

5198757004

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$33,900

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$34,139.18

Date Loan was Forgiven

Dec 28, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

33,900

Lender

Premier Bank Minnesota

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

531110

Borrower Location

ROCHESTER, MN

Project Location

ROCHESTER, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.